Goenka Diamond and Jewels Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2024 • Diamond & Gems: 100.0%
AI Sector View
AI GENERATEDConsumer Durables
Urban discretionary demand is mixed but investable. Credit card transactions rose 27.0% YoY (2026-06), urban CMIE sentiment was 109.5 (2026-07), and consumer spending remained large at INR 44743 billion (Jun/26), even though formal consumer confidence fell to 88.3 points (Jul/26) and debit card transactions were -9.0% YoY (2026-06). Heavy sector inflows of INR 13175 crore over 3 months to 2026-08-31 indicate strong investor positioning behind the theme.
PROS
- Company generates healthy free cash flow
CONS
- Company is loss-making at the operating / net level
- Company has a low return on capital employed of -0.5%
- Company has a low return on equity of -1.1% over last 3 years
- Interest coverage is weak at -4.1x - earnings barely cover interest
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.29x)
- Company's sales have been declining over the last five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TITAN | 4960.00 | 76.45 | 440341.94 | 0.30 | 1777.00 | 62.88 | 21356.00 | 44.16 | 21.90 | 13.54 |
| KALYANKJIL | 585.50 | 42.14 | 60467.57 | 0.43 | 348.67 | 32.03 | 10588.93 | 45.68 | 24.86 | 5.97 |
| THANGAMAYL | 5285.00 | 42.01 | 16426.85 | 0.34 | 85.09 | 86.15 | 2666.38 | 71.44 | 26.62 | 5.43 |
| LALITHAA | 280.50 | 15.55 | 15699.86 | 0.00 | — | — | — | — | 43.11 | — |
| BLUESTONE | 805.35 | 218.47 | 12304.03 | 0.00 | 59.61 | 271.56 | 7368.46 | 1395.59 | 9.24 | 14.50 |
| SKYGOLD | 742.90 | 34.34 | 11505.58 | 0.00 | 104.90 | 140.67 | 2012.79 | 77.93 | 23.71 | 7.79 |
| PCJEWELLER | 10.54 | 13.27 | 10278.75 | 0.00 | 221.88 | 37.02 | 877.04 | 20.99 | 6.61 | 27.54 |
| AUGMONT | 919.45 | 25.16 | 8401.34 | 0.00 | — | — | — | — | 70.86 | — |
| SENCO | 348.65 | 10.01 | 5714.41 | 0.50 | 1011.43 | 866.46 | 30560.27 | 1573.37 | 22.86 | 6.97 |
| GOLDIAM | 340.20 | 24.29 | 5121.95 | 0.61 | 73.97 | 120.06 | 326.03 | 41.92 | 15.87 | 20.33 |
| VAIBHAVGBL | 214.90 | 12.64 | 3602.10 | 2.79 | 563.83 | 1398.27 | 9170.73 | 1026.99 | 18.41 | 10.55 |
| GOENKA | 0.84 | 0.00 | 26.63 | 0.00 | -0.31 | -38.67 | 0.00 | -100.00 | -0.55 | — |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | |
| 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | |
| Operating Profit | -0 | -1 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 | -0 | -0 |
| OPM % | -600.00% | -386.67% | -150.00% | -188.46% | -40.82% | -189.47% | -209.52% | -21.28% | -111.11% | -32.50% | 12.10% | -47.62% | — |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before Tax | -1 | -1 | -0 | -1 | -0 | -1 | -1 | -0 | -0 | -0 | -0 | -0 | -0 |
| Tax % | 1.30% | -0.00% | -0.00% | -0.00% | 2.08% | -1.72% | -0.00% | -0.00% | -0.00% | -0.00% | -33.33% | 2.63% | -0.97% |
| Net Profit | 0 | 0 | 0 | 0 | -0 | -1 | -1 | -0 | -0 | -0 | -0 | -0 | -0 |
| -0.02 | -0.03 | -0.02 | -0.02 | -0.01 | -0.02 | -0.02 | -0.01 | -0.01 | -0.01 | 0.00 | -0.01 | -0.01 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 103 | 92 | 3 | 8 | 7 | 13 | 4 | 4 | 2 | 1 | 2 | |
| 94 | 123 | 15 | 18 | 10 | 15 | 13 | 6 | 3 | 2 | 3 | |
| Operating Profit | 8 | -31 | -12 | -11 | -4 | -2 | -9 | -2 | -1 | -2 | -1 |
| OPM % | 7.92% | -34.23% | -380.73% | -138.54% | -59.39% | -16.83% | -263.00% | -40.99% | -73.94% | -278.73% | -25.53% |
| 11 | 1 | 2 | 1 | 1 | 1 | 8 | 0 | 0 | 0 | 0 | |
| Interest | 17 | 23 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 0 |
| Profit before Tax | 1 | -54 | -12 | -11 | -4 | -2 | -2 | -3 | -2 | -3 | -1 |
| Tax % | 15.05% | -1.09% | -32.19% | 0.34% | -3.05% | -2.25% | -9.25% | -0.60% | 0.08% | 0.12% | -1.17% |
| Net Profit | 1 | -55 | -15 | -11 | -5 | -2 | -2 | -3 | -2 | -3 | -1 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.08 | -0.07 | -0.09 | -0.07 | -0.09 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- -47%
- 5 Years:
- -37%
- 3 Years:
- -43%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- -14%
- 5 Years:
- 22%
- 3 Years:
- 40%
- 1 Year:
- 173%
RETURN ON EQUITY
- 10 Years:
- -3%
- 5 Years:
- -1%
- 3 Years:
- -1%
- Last Year:
- -1%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 32 | 32 | 32 | 32 | 32 | 32 | 32 | 32 | 32 | 32 |
| 302 | 248 | 232 | 221 | 217 | 214 | 212 | 210 | 207 | 204 | |
| 161 | 45 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | |
| Trade Payables | 314 | 358 | 356 | 351 | 359 | 360 | 358 | 360 | 366 | 366 |
| 13 | 153 | 204 | 205 | 206 | 206 | 198 | 197 | 198 | 199 | |
| Total Liabilities | 823 | 836 | 827 | 811 | 816 | 814 | 804 | 802 | 806 | 805 |
| 11 | 10 | 9 | 9 | 8 | 8 | 7 | 7 | 7 | 6 | |
| 5 | 5 | 4 | 4 | 4 | 4 | 0 | 0 | 0 | 0 | |
| 87 | 62 | 51 | 36 | 32 | 21 | 15 | 11 | 10 | 9 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 763 | |
| Cash & Bank | 2 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 |
| 718 | 758 | 762 | 762 | 771 | 781 | 781 | 783 | 789 | 26 | |
| Total Assets | 823 | 836 | 827 | 811 | 816 | 814 | 804 | 802 | 806 | 805 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 | 12 | -1 | -1 | -1 | -0 | -2 | 3 | -1 | 0 | |
| Cash from Investing | 1 | 1 | 1 | 1 | 1 | 1 | 0 | -0 | -0 | 0 |
| Cash from Financing | -16 | -12 | -0 | 0 | 0 | 0 | 1 | -2 | 0 | -0 |
| -1 | 0 | -0 | 0 | 0 | 0 | -0 | 1 | -1 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | ||||||||||
| EPS (₹) | 0.02 | -1.73 | -0.49 | -0.36 | -0.14 | -0.08 | -0.07 | -0.09 | -0.07 | -0.09 |
| Book Value (₹) | 10.54 | 8.83 | 8.32 | 7.96 | 7.83 | 7.76 | 7.69 | 7.61 | 7.53 | 7.45 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.06 | -1.71 | -0.46 | -0.34 | -0.13 | -0.06 | -0.05 | -0.07 | -0.06 | -0.07 |
| PROFITABILITY | ||||||||||
| Operating Margin % | 18.89% | -33.40% | -327.05% | -130.88% | -49.71% | -10.73% | -241.37% | -40.64% | -71.22% | -278.73% |
| Net Margin % | 0.63% | -59.80% | -497.67% | -146.29% | -68.57% | -19.22% | -59.17% | -64.46% | -141.19% | -441.62% |
| ROE % | 0.19% | -17.84% | -5.66% | -4.38% | -1.80% | -1.00% | -0.85% | -1.13% | -0.96% | -1.20% |
| ROCE % | 3.69% | -6.49% | -2.37% | -2.43% | -0.87% | -0.42% | -0.31% | -0.52% | -0.41% | -0.55% |
| 0.08% | -6.60% | -1.85% | -1.38% | -0.56% | -0.30% | -0.26% | -0.34% | -0.29% | -0.35% | |
| EFFICIENCY | ||||||||||
| Debtor Days | 2411 | 2915 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 334 | 296 | 6653 | 2038 | 1872 | 749 | 1869 | 1112 | 2320 | 5354 |
| Payable Days | 1191 | 1325 | 0 | 8688 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1554 | 1886 | 6653 | -6650 | 1872 | 749 | 1869 | 1112 | 2320 | 5354 | |
| FINANCIAL HEALTH | ||||||||||
| Debt to Equity (x) | 0.48x | 0.67x | 0.70x | 0.73x | 0.74x | 0.75x | 0.73x | 0.73x | 0.74x | 0.75x |
| Interest Coverage (x) | 1.04x | -1.36x | -13.94x | -18.31x | -6.31x | -3.17x | -2.37x | -3.94x | -2.90x | -4.09x |
| 1.66x | 1.48x | 1.44x | 1.43x | 1.41x | 1.41x | 1.42x | 1.42x | 1.41x | 1.40x | |
| GROWTH | ||||||||||
| Revenue Growth % | -74.13% | -10.66% | -96.62% | 149.59% | -14.64% | 94.25% | -72.63% | 21.54% | -61.82% | -60.33% |
| Operating Profit Growth % | 17.61% | -257.98% | 66.95% | 0.12% | 67.58% | 58.07% | -515.72% | 79.54% | 33.09% | -53.94% |
| Net Profit Growth % | -78.60% | -8571.82% | 71.91% | 26.63% | 59.99% | 45.54% | 15.76% | -32.42% | 16.39% | -24.08% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -24.13% | |
| VALUATION | ||||||||||
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.11x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | -113.04x |
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-08-14 - Financial Results attached herewith as erroneously outcome was uploaded in results and NEAPS Portal is not allowing us to submit the results using same option
2026-08-14 - Goenka Diamond and Jewels Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-06-25 - Goenka Diamond and Jewels Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
2026-06-12 - Navneet Goenka has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
2026-05-30 - Goenka Diamond and Jewels Limited has informed the Exchange regarding Outcome of Board Meeting held on May 30, 2026.
2026-05-30 - Goenka Diamond and Jewels Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
News
Recent coverage and analyst commentary for GOENKA
Loading news…
AI Stock Analyst
Goenka Diamond and Jewels Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account

